1 Dollar In Pak Rupees Today

4 min read Jul 06, 2024
1 Dollar In Pak Rupees Today

1 Dollar in Pak Rupees Today

The exchange rate between the US dollar (USD) and the Pakistani rupee (PKR) is a crucial aspect of international trade and commerce. In this article, we will discuss the current exchange rate of 1 USD in PKR and provide an overview of the factors that affect the exchange rate.

Current Exchange Rate

As of today, the exchange rate of 1 USD in PKR is:

1 USD = 157.50 PKR

Please note that exchange rates can fluctuate rapidly and may change frequently. This rate is subject to change and may not be valid at the time of reading.

Factors Affecting Exchange Rate

The exchange rate between the USD and PKR is influenced by various economic and geopolitical factors, including:

Economic Indicators

  • Inflation rates: A higher inflation rate in Pakistan can lead to a depreciation of the PKR against the USD.
  • Interest rates: Changes in interest rates in the US and Pakistan can affect the exchange rate.
  • GDP growth: A stronger economy in the US can lead to a stronger USD, while a weaker economy in Pakistan can lead to a weaker PKR.

Geopolitical Factors

  • Political stability: Political unrest in Pakistan can lead to a depreciation of the PKR.
  • Trade agreements: Changes in trade agreements between the US and Pakistan can affect the exchange rate.
  • Global events: Global economic crises or events can impact the exchange rate.

Market Forces

  • Supply and demand: The exchange rate is influenced by the supply and demand of currencies in the foreign exchange market.
  • Speculation: Speculation by investors and traders can also affect the exchange rate.

Conversion Table

Here is a conversion table for common amounts:

USD PKR
1 157.50
10 1,575.00
50 7,875.00
100 15,750.00
500 78,750.00

Conclusion

The exchange rate of 1 USD in PKR is an important indicator of the economic and financial situation in Pakistan. Understanding the factors that affect the exchange rate can help individuals and businesses make informed decisions about investments and international trade. Always check the current exchange rate before making any transactions.

Featured Posts